2. An agriculture company is mainly involved in growing and harvesting cotton as a raw material for export. At the end of each harvest, the price could decrease or increase based on the global supply and demand for cotton. Possible adverse changes in the price of cotton is a(n) a. Financial risk b. Strategic risk C. Operational risk I d. Compliance risk 3. Adverse selection can result from high-risk drivers who obtain car insurance at standard rates. (T/F) 4. During an insurance soft market condition, a Company's Risk Manager would prefer to obtain more insurance coverages and renegotiate existing terms. (T/FI